Question

different between retail market and wholesale market ​

Answer 1

The word wholesale simply means selling in bulk quantities and retail stands for selling merchandise in small quantities. ... While a wholesaler sells goods to the businesses, as they purchase goods to sell it further. On the other hand, a retailer targets final consumer and sells goods to them

Answer 2

Question: Different between retail market and wholesale market.

Solution: Retail Market:

• Goods are directly sold to the consumers.
• Goods are sold in small quantities.
• Commodities sold in retail market is expensive.

Wholesale Market:

• Goods are sold to the hawkers, processing units or consumers etc.
• Goods are sold in bulk (large quantities).
• Commodities bought in bulk from wholesale market are cheaper.